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§ 32-3-51.20 Insurer or self insurer acquiring ownership of salvage vehicle without salvage vehicle title to surrender certificate of title--Salvage title issued--Rebuilt title.

SD Codified L § 32-3-51.20 (2019) (N/A)
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32-3-51.20. Insurer or self insurer acquiring ownership of salvage vehicle without salvage vehicle title to surrender certificate of title--Salvage title issued--Rebuilt title. If an insurer, in settlement of a total loss insurance claim, or self insurer acquires the ownership of any salvage vehicle as defined in § 32-3-51.19 that does not have a salvage vehicle title, the insurer shall within forty-five days following acquisition of the certificate of title of that vehicle, surrender the certificate of title for the vehicle to the department. The department shall promptly issue a title indicating it is a salvage vehicle to the insurer or self insurer. If a vehicle has been branded a salvage vehicle, nothing in this section prohibits a person from obtaining a rebuilt title pursuant to § 32-3-53.

Source: SL 2005, ch 155, § 3; SL 2016, ch 154, § 6.

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§ 32-3-51.19 Salvage vehicle defined--Application.
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§ 32-3-51.21 Owner to obtain salvage title if insurer or self insurer declares vehicle total loss but does not acquire ownership--Notice--Sale without title as misdemeanor--Application.